Tuesday, December 20, 2016

Inflation will rise faster than interest rates



Key points
-Doubts on Fed's credibility and ability to raise rates in 2017
-Fed is less optimistic on economy now than it was a year ago
-Fed has no confidence in the economy, that is why they raised the interest rates so little.
-Gold will rise with higher inflation
-Markets were wrong about Gold last year 2015
-Trump cannot fix all the problems because they are unfixable, the economy is messed up.


Peter Schiff is a smart investor and author of several best selling books. He correctly predicted the economic meltdown of 2008 - 2009

Monday, December 12, 2016

This is the fourth longest economic expansion in US history



We are due for a recession very soon....... 

[Watch the video above for full commentary]

Peter Schiff is a smart investor and author of several best selling books. He correctly predicted the economic meltdown of 2008 - 2009

Monday, December 5, 2016

Real Interest rates are falling despite the Feds nominal increases


If we are going to have larger deficits its impossible to finance them, unless the Federal Reserve does it. So we are going to have to do even more quantitative easing (QE). The Fed is going to have to reverse and cut interest rates, and it's not going to create economic growth, but it is going to put pressure on inflation that is already now above what the Fed supposedly says is its supposed target.

He [Trump] doesn't want to tackle, for political reasons, the real problems that are underlying the economy. 



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